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North American Cross-Border Freight Trade Falls 2.4% in June 2025, BTS Reports

The true cost of tariffs: U.S. consumers face rising prices

Price increases stemming from the tariffs could cost households an additional $2,400 on average in 2025. The tariffs announced by President Donald Trump during “Liberation Day” in April will go into effect on August 1st, following multiple delays and months of uncertainty. Over the past four months, various agreements have been reached with the nations […]

Extended tariffs on Mexican imports and new trade negotiation phase

President Trump announced that he will extend the 25% tariffs on imports from Mexico for 90 days. President Donald Trump announced Thursday that he will extend the 25% tariffs on imports from Mexico for 90 days. Following a dialogue that Trump described as “very successful” with the President of Mexico, Claudia Sheinbaum, both leaders have […]

Trump signals possible tariff relief as U.S.–China talks loom

As top negotiators from the United States and China prepare to meet, President Donald Trump has hinted at the possibility of easing tariffs that have strained global markets and rattled businesses worldwide. President Donald Trump has suggested that U.S. tariffs on Chinese goods — currently as high as 145% — could soon be reduced. “You […]

“Don’t Be a PANICAN”: Trump Calls for Strength in a Turbulent Trading Day

The New York Stock Exchange had a day marked by uncertainty following steep declines in Asia and Europe. The President of the United States ruled out any suspension of his tariff policy. Wall Street experienced a rollercoaster session Monday, as a fleeting rebound gave way to renewed anxiety after the White House shot down reports […]

How the Latest Trump Tariffs Could Impact Trucking

Tariffs will only apply to light-duty vehicles, exempting medium- and heavy-duty commercial trucks. Nevertheless, the new 10% “reciprocal” tariff could affect the freight transportation industry. President Donald Trump’s newly announced reciprocal tariffs on April 2 have raised concerns about the economy and the freight recovery. These tariffs, higher than expected, could impact the logistics sector […]

Reciprocal tariffs announced by Trump aim to revitalize industry, but may raise some prices

On the so-called “Liberation Day,” the U.S. president imposed tariffs on products from countries that also impose high tariffs on U.S. goods. “They charge us, we charge them,” he said. But how might this impact the country? U.S. President Donald Trump announced on Wednesday the imposition of “reciprocal” tariffs against dozens of countries, including the […]

Market Eases as Trump Hints at Flexibility on Trade Levies

rump assured reporters that not all the anticipated tariffs would be unveiled on April 2, adding that “many countries” could receive exemptions—though he did not elaborate. U.S. President Donald Trump announced that tariffs targeting the auto industry are set to roll out soon, even as he suggested that not all of his proposed trade penalties […]

China escalates trade measures amid U.S. tariff dispute

One of the reasons cited by President Trump for imposing tariffs on China, Canada, and Mexico was to pressure these nations into tightening controls on fentanyl distribution into the U.S. China escalated its trade measures against the United States on Tuesday by implementing new restrictions. These actions include halting lumber imports from the U.S., revoking […]